Austen Allred Questions Lending for AI Physical Assets
Evan Conrad notes quiet ramping of GPU cluster volume over years.
TLDR
Austen Allred stated that technology companies should use free cashflow and venture capital to fund AI development for potentially enormous returns. He highlighted a lack of lenders interested in providing financing at 6 to 7 percent for physical assets that could lose all value during temporary market lulls. Evan Conrad indicated that work on related GPU cluster problems has been underway for years with increasing volume. The comments were posted in response to a tweet from @gpugene.
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